![](https://www.graft.network/wp-content/uploads/2019/04/DevUpdaeApr5.png)
![](https://www.graft.network/wp-content/uploads/2019/04/dev-update-apr-5-2019.png)
LYRA Update
We hit a big first milestone with LYRA DPoS architecture this week – a very early first proof-of-concept version was shown by Slava. LYRA combines delegated proof-of-stake (DPoS), private transactions, and chain collection (no single blockchain!).![](https://www.graft.network/wp-content/uploads/2019/04/lyrapocv1.jpg)
There are several reasons for that: 1) we’re in the field that is developing extremely rapidly and favors projects that not only deliver the functionality, but also (and perhaps most importantly) offer technology leadership. 2) A DPoS architecture will be useful in different ways over time, starting tentatively as a sidechain solution for merchant tokens / loyalty programs.